Terms
A Few More Terms
Statistics From Chapter 6
Undemmmm
A Little More About Undem Only Because There Wasn't As Much Terminology This Chapter
100

A government agency that helps small business owners develop business plans and obtain financing and other support for their companies.

What is the Small Business Administration?

100

Someone who takes a risk in starting a business to earn a profit.

What is an entrepreneur?

100

Nearly this percentage of all Americans between 18 and 64 years old are involved in some type of entrepreneurship activity.  (6.1)

What is 13%?

100

This is how many sticks are my Mr Undem's Cup o' Sticks.

What is 16?

100

This is my birth month.

What is April?

200

Money provided by large investors to finance new products and new businesses that have a good chance to be very profitable.

What is venture capital?

200

A written description of the business idea and how it will be carried out, including all major business activities.

What is a business plan?

200

Full-time businesses with buildings, equipment, and employees may require more than this dollar amount of initial capital. (6.2)

What is $100,000?

200

This was the first NFL team I was a fan of when I was very young.

Who are the Dallas Cowboys?

200
This is the name of my favorite board game to play online.

What is chess?

300

The money needed to pay for the current operating activities of a business.

What is short-term financing?

300

Money needed for the important resources of a business (such as land, buildings, and equipment) that will last for many years.

What is long-term financing?

300
More than 50% of all new businesses are discontinued within this long of a time period? (6.1)

What is a 10 year period?

300

This is how many nieces and nephews I have.

What is 4?

300

This is the number I wore for football when I was in high school?  (double the points if you can name the player I looked up to who wore it)  (1 guess per team)

What is 87?  (Jordy Nelson)

400

An invention or creation that is brand new.

What is innovation?

400

An independent business with fewer than 500 employees.

What is a small business?

400

On average, small businesses are responsible for creating this percent of all new jobs. (6.2)

What is 82%?

400
This is how old I was when I started hunting.

What is 21?

400

This is the largest puzzle I have put together so far.

What is 2000 pieces?

500

The amount of money needed to open the business.

What is start-up financing?

500

The process of starting, organizing, managing, and assuming the responsibility for a business.

What is entrepreneurship?

500

Most new businesses start on a budget of this much or less. (6.1)

What is $10,000?

500

This is how many states I have been to so far.

What is 14?

500
I almost failed this class in 7th grade.

What is Art?

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